NSE’s Phenomenal Rise: A Stock Market Giant on the Brink of an IPO

19 February 2025

Imagine investing in a company whose valuation jumps 201% in just two years, making it one of the top 10 most valuable private companies in India. That’s exactly what’s happening with the National Stock Exchange (NSE)—a financial powerhouse that has left its competitors in the dust.

A few years ago, BSE Ltd., India’s oldest stock exchange, still commanded attention in the markets. But quietly and steadily, NSE built itself into an undisputed leader.  By Q3 FY25, NSE controlled an astonishing 99.9% of the equity options market, 94% of the cash market, and 93% of currency derivatives, making it the undisputed leader in India’s financial landscape. As NSE gears up for its highly anticipated IPO, investors are watching closely—because opportunities like this don’t come around often.

The Numbers Tell the Story

From FY22 to FY24, NSE’s financial performance has been nothing short of spectacular:

Year	FY22	FY23	FY24
Revenue	9,500	12,765	16,434
PAT	5,198	7,356	8,306

At a valuation of ₹4.7 lakh crore, NSE is now leagues ahead of BSE Ltd., which has struggled to keep pace. But what’s fueling this phenomenal growth?

Why NSE is the Hottest Investment Bet?

• Unshakable Market Dominance: NSE doesn’t just lead; it controls India’s trading landscape. With near-monopoly status in the derivatives market and cutting-edge tech infrastructure, it’s the exchange of choice for traders and institutions alike.
• Strategic Vision: NSE continues to innovate with new financial products, faster trading systems, and deeper penetration into India’s rapidly growing investment ecosystem.
• The Big IPO Buzz: NSE’s much-anticipated IPO could unlock further value, as the company is expected to sell a 10% stake, making it one of the biggest market events in recent years.

The Bottom Line: For investors, NSE isn’t just another stock—it’s a gateway to India’s financial future. With its impeccable track record, market dominance, and upcoming IPO, NSE stands out as one of the most exciting investment opportunities in the country today.